More than $10,000!
My earlier speculation was that the year 2017 will pull down its curtain with Bitcoin reaching a little more than $10,000.
When Bitcoin finally reached $8,000 around mid November, I was brought into an analysis that the price will still climb to the $9,000 point before the month of November closes. And the month of December will be having a very huge party with Bitcoin finally reaching the 5-figure in US dollars.
Alas! I was very wrong.
Barely 3 days before November ends, Bitcoin is already trying hard to push and break the resistance in $10,000. If it successfully makes it, December will be a month of struggle between $12,000 and $15,000.
This is totally exhilarating!
The 2017 ride for Bitcoin was very fantastic. We have reached as low as $800 and then we will certainly be ending up more than $10,000.
And you? Do you think Bitcoin will achieve $12,000 within 2017?
Either way, a toast for Bitcoin!
12000 is an easy target now)
There was a little correction after Bitcoin touched $11,000. Bitcoin went down lower than $10,000. But it was very short-lived. We are currently bouncing back. This is going to be another round of bullish run.